Question: 8 DOOLITROEN Question 22 Boots Plus has two product lines Hiking boots and Fashion boot Income statement data for the most recen Sales revenue Variable
8 DOOLITROEN Question 22 Boots Plus has two product lines Hiking boots and Fashion boot Income statement data for the most recen Sales revenue Variable expenses Contribution margin Fixed expenses Operating income (loss) Total S430,000 355.000 125,000 76.000 $49,000 Hiking $340,00 235.000 105,000 38.000 S67.000 Fan 140.90 120.000 20,000 38.OSSA S.18.000 Assuming the Fashion line is discontinued, total fixed costs remain unchanged, and the space formerly used to produce the line is rented for $10,000 per year, how will operating income be affected? Increase $10,000 Increase $30,000 Increase $162,000 Decrease $10,000 revious Not saved
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